Ddrs - Study guides, Class notes & Summaries

A JV is created when it is necessary to - create a GL point request adjustment transer funds a jv is created when it is necessary to - request adjustment of accounting entries transfer funds from one gl account to another A JV is created when it is necessary to make a current period adjustment - true Activities involved in the Year-End Close sub-process of FI include - all of the above FI is responsible for opening and closing posting periods based upon standing business rules. The follo...

GFEBS L410E Introduction to Financials AccurateWhat is a reason code -ANSWER A numerical code that corresponds to the valid reasons for posting a JV Which organization serves as the Army's central bank -ANSWER U.S. Treasury Which of the following is/are source system(s) that use legacy Lines of Accounting (LOA) data that are converted into GFEBS Line of Accounting data? -ANSWER Both: STANFINS and SOMARDS are both source systems that use legacy Lines of Accounting (LOA) data that are co...

The Defense Departmental Reporting System (DDRS) takes the GFEBS Trial Balance and produces the official DoD Financial Statement - correct answer True The DDRS Outbound Trial Balance includes Defense Reporting elements - correct answer true The Business Enterprise Information System (BEIS) - correct answer Is an organization in DoD that delivers enterprise business services to enable effective financial management throughout DoD The Abnormal Balance Report can be run - correct answer...

Journal Voucher is a document that is most often prepared for the _________ and ___________ processes - Perios-End Close, Year-end Close. Journal Vouchers are used to request an adjustment to accounting entries that have a direct impact on General Ledger balances for the Period-End Close and Year-End Close processes. The JV Workflow is the six step process by which JVs are requested, reviewed, approved, and posted to the G/L - True The Period-End Closing Process is a set of activities carr...

What is a reason code -ANSWER A numerical code that corresponds to the valid reasons for posting a JV Which organization serves as the Army's central bank -ANSWER U.S. Treasury Which of the following is/are source system(s) that use legacy Lines of Accounting (LOA) data that are converted into GFEBS Line of Accounting data? -ANSWER Both: STANFINS and SOMARDS are both source systems that use legacy Lines of Accounting (LOA) data that are converted into GFEBS Line of Accounting data W...

FACTS - Answer- Federal Agencies' Centralized Trial Balance System GFRS - Answer- Government-wide Financial Reporting System SFIS - Answer- Standard Financial Information Structure DDRS - Answer- Defense Departmental Reporting System BEIS - Answer- Business Enterprise Information System TROR - Answer- Treasury Report on Receivables What is DDRS? - Answer- The automated reporting application maintained by BEIS that is used to prepare and review the Army General Fund financial s...

GFEBS L413E Financial Reporting Questions And Answers 2023 (A+ GRADED 100% VERIFIED)

GFEBS L413E Financial Reporting Latest 2024 The Defense Departmental Reporting System (DDRS) takes the GFEBS Trial Balance and produces the official DoD Financial Statement - Answer ️️ -True The DDRS Outbound Trial Balance includes Defense Reporting elements - Answer ️️ -true The Business Enterprise Information System (BEIS) - Answer ️️ -Is an organization in DoD that delivers enterprise business services to enable effective financial management throughout DoD The Abnormal Bal...

GFEBS and External Reporting Systems Questions and Answers 2023 FACTS Federal Agencies' Centralized Trial Balance System GFRS Government-wide Financial Reporting System SFIS Standard Financial Information Structure DDRS Defense Departmental Reporting System BEIS Business Enterprise Information System TROR Treasury Report on Receivables What is DDRS? The automated reporting application maintained by BEIS that is used to prepare and review the Arm...

GFEBS L413E Financial Reporting 2023 verified graded A+The Defense Departmental Reporting System (DDRS) takes the GFEBS Trial Balance and produces the official DoD Financial Statement - correct answer True The DDRS Outbound Trial Balance includes Defense Reporting elements - correct answer true The Business Enterprise Information System (BEIS) - correct answer Is an organization in DoD that delivers enterprise business services to enable effective financial management throughout DoD The...